(Reuters) - "It is likely that HP will continue to be acquisitive in its software portfolio," Thomas Hogan, senior vice president of HP software, told Reuters. "There are other parts of the portfoliio that are separate from the area of information technology operations and automation ... that we will continue to explore."'
HP said it would tender for all outstanding shares of Opsware, a supplier of software used to automate computer data centers, at $14.25 each, a 38.6 percent premium to Opsware's closing price of $10.28 on Nasdaq on Friday. HP values the deal at about $1.6 billion.
Read more at Reuters.com Mergers News
HP said it would tender for all outstanding shares of Opsware, a supplier of software used to automate computer data centers, at $14.25 each, a 38.6 percent premium to Opsware's closing price of $10.28 on Nasdaq on Friday. HP values the deal at about $1.6 billion.
Read more at Reuters.com Mergers News
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